5 Bed Detached House, Cash/Bridging Only, Ashbourne, DE6 1EF, £495,000

Greenway, Ashbourne, DE6 1EF - 2 views - 2 months ago

Sold STC
Cash
~178 m²
+19 photos

ValuationFair Value

Sold Prices£250K - £896.5K
Sold Prices/m²£2.2K/m² - £3.3K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.8K/m²

Value Estimate

£499,950

 

 

End Value (After Refurb)

£530,604

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£28,300

Refurb Costs

£72,244

Bridging Loan Interest

£12,994

Total Cash In

£239,038

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£530,604

Mortgage (After Refinance)

£397,953

Mortgage LTV

75%

Cash Released

£26,703

Cash Left In

£212,335

Equity

£132,651

Rent Range

£595 - £3,500

Rent Estimate

£1,269

Running Costs/mo

£1,932

Cashflow/mo

£-663

Cashflow/yr

£-7,955

Gross Yield

3%

Local Sold Prices

16 sold prices from £250K to £896.5K, average is £495K. £2.2K/m² to £3.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£445K11/200.09 mi9, Meynell Rise, Ashbourne, Derbyshire DE6 1RU5
£618K03/210.36 mi2, Drovers Way, Ashbourne, Derbyshire DE6 1NZ5
£640K07/210.71 miWalton Bank, 24, Derby Road, Ashbourne, Derbyshire DE6 1BE5
£896.5K08/210.8 miThe Stables, Ashbourne Green, Ashbourne, Derbyshire DE6 1JE5
£490K10/210.89 mi50, Thorpe View, Ashbourne, Derbyshire DE6 1SY5
£535K02/210.89 mi34, Thorpe View, Ashbourne, Derbyshire DE6 1SY5
£495K03/210.93 mi10, Booth Drive, Ashbourne, Derbyshire DE6 1SZ5
£525K06/230.99 mi1, Payne Gardens, Ashbourne, Derbyshire DE6 1SF5
£410K09/211.07 mi7, Duncombe Drive, Ashbourne, Derbyshire DE6 1LJ5
£480K11/211.08 mi6, Quixhill Close, Ashbourne, Derbyshire DE6 1JW5
£555K03/211.1 mi29, Mayfield Road, Ashbourne, Derbyshire DE6 1AS5
£365K03/211.13 mi1, Clumber Close, Ashbourne, Derbyshire DE6 1JZ5
£495K02/211.13 mi5, Clumber Close, Ashbourne, Derbyshire DE6 1JZ5
£375K02/231.15 mi12, Buscott Drive, Ashbourne, Derbyshire DE6 1JY5
£250K10/221.29 mi4, Chestnut Drive, Ashbourne, Derbyshire DE6 1HT5
£540K07/232.15 mi6, The Park, Mayfield, Ashbourne, Staffordshire DE6 2HT5

Local Rents

11 rents from £595/mo to £3.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90012/240.21 miThe Green Road, Ashbourne3
£95012/240.29 miOld Boothby Farm, The Green Road, Ashbourne DE6 1EE3
£3,50012/240.42 miPool Close Farm, Sandybrook, Ashbourne, DE66
£95012/240.54 miThe Hayloft, Old Boothby Farm, Ashbourne3
£89512/240.68 miBelper Road, Ashbourne, Derbyshire3
£2,30012/240.71 miDerby Road, Ashbourne, Derbyshire, DE65
£59512/240.79 miSellers Yard, Derby Road, Ashbourne3
£97512/240.83 miCherry Tree Court, North Leys, Ashbourne DE6 1DQ3
£90012/240.96 mi-3
£89504/251.13 mi-3
£72502/241.16 mi-3

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.62 miles away

Nearest school

0.20 miles away

Nearest train station

9.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £495,000

February 21, 2025

Floor Plans

Description

  • Spacious front and rear gardens including wildlife pond area +
  • Prominent plot on the development +
  • Five bedrooms, two ensuites +
  • Double garage +
  • Plot of approx 0.19 acre +
  • Two reception rooms +
  • Close to amenities and schools +
  • EPC rating C / Council tax band F +
  • VIRTUAL 360 TOUR AVAILABLE +

Situated on a prominent plot within a sought-after development, this five-bedroom detached home offers a well-balanced layout, ideal for family living. The property benefits from spacious front and rear gardens, including a dedicated wildlife pond area, providing a pleasant outdoor environment. Internally, the accommodation comprises two reception rooms, offering flexible living space, and a well-appointed kitchen with separate utility room and guest cloakroom. The five bedrooms include two with en-suite facilities and a family bathroom.

Entering through the wooden front door, the property opens into an entrance porch with tiled flooring, providing space for coats and boots. A uPVC door leads into the reception hallway, which features a staircase to the first floor and access to the dining kitchen, sitting room, and study. The study is a versatile space, currently used as a home office, but equally suitable as a playroom or games room. It benefits from a spacious built-in storage cupboard with shelving. The sitting room enjoys natural light from a front-facing bay window and features a log burner set on a Welsh slate hearth, forming the focal point of the room. Wooden French doors lead through to the dining kitchen. The dining kitchen is well-appointed with limestone tile flooring and a handmade wooden farmhouse-style kitchen. A ceramic Belfast sink with a chrome mixer tap is set within preparation surfaces, which continue as a matching upstand surround. A range of cupboards and drawers provide ample storage, with integrated appliances including a dishwasher, fridge, freezer, Everhot range cooker, and extractor fan. uPVC French doors open directly onto the rear garden, while doors lead to the sitting room, reception hallway, and utility room. The utility room features tiled flooring, rolled edge preparation surfaces, and an inset stainless steel sink with an adjacent drainer and chrome mixer tap. A cupboard beneath provides additional storage, with space and plumbing for a washing machine and further appliance space for white goods. Wall-mounted cupboards offer extra storage, and there is a wall-mounted Ideal boiler. A uPVC door provides side access, while an internal door leads to the guest cloakroom. The guest cloakroom continues with tiled flooring and is fitted with a low-level WC and wash basin with a chrome mixer tap and tiled splashback. An electric extractor fan is also installed.

On the first floor, the landing provides access to bedrooms and the family bathroom. There is also an airing cupboard housing the pressurised hot water cylinder with built-in shelving for additional storage. The master bedroom is a spacious double, benefitting from built-in wardrobes and an en-suite shower room. The en-suite is fitted with a white suite, comprising a pedestal wash basin with a chrome mixer tap and tiled splashback, a low-level WC, and a double shower unit with a chrome mains shower featuring a rainfall shower head. There is also a chrome ladder-style heated towel rail and an extractor fan. The third and fourth bedrooms are both well-proportioned doubles, each benefitting from fitted wardrobes, while the fifth bedroom is a generously sized single.

The family bathroom features tiled flooring and a white suite, including a pedestal wash basin with a chrome mixer tap and tiled splashback, a low-level WC, and a bath with a chrome mixer tap, mains shower with a rainfall shower head, and a glass shower screen. There is also a built-in cupboard and a chrome ladder-style heated towel rail.
On the second floor, the spacious second bedroom benefits from solid wooden flooring and fitted wardrobes, and drawers. The dual-aspect design allows for plenty of natural light, with rear-facing windows and Velux roof windows to the front. This bedroom also has access to an en-suite, which includes a wash basin with a chrome mixer tap, a low-level WC, and a double shower unit with a chrome mains shower and rainfall shower head, along with an electric extractor fan.

Externally, the rear garden is generously sized, featuring a patio seating area, a raised lawn, and mature herbaceous and flowering borders. To the front, a spacious tarmac driveway provides off-street parking for multiple vehicles and leads to a detached double garage, which benefits from power, lighting, an electric remote-controlled door, and attic storage. Steps lead up to a wildlife pond with a water feature, creating an idyllic seating area that enjoys elevated views across the surrounding countryside and Ashbourne.

Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Please note: It is quite common for some properties to have a Ring doorbell and internal recording devices. The property is located off a shared driveway. There are covenants appertaining to this property, a copy of the Land Registry Title is available to view upon request.
Property construction: Standard
Parking: Driveway
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Gas
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: Openreach Fibre See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link
Local Authority/Tax Band: Derbyshire Dales District Council / Tax Band F
Useful Websites:
Our Ref: JGA19022025

The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain. If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property. Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.

We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property. We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history. With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc. VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.

Agent Details

John German, Ashbourne

01335 218933

Next Steps?

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